Question
The Pressing Department at Crush Industries reports beginning work in process inventory of 92,200 square metres of pressed aluminum at the start of the month.
The Pressing Department at Crush Industries reports beginning work in process inventory of 92,200 square metres of pressed aluminum at the start of the month. In addition, the company started into production another 543,260 square metres during the month. The company ends the month with 87,600 sqaure metres in ending work in process inventory completed to 55%. The plant manager is interested in determining the cost per equivalent unit for direct materials used in the previous month. If the department spent $935,765 on direct materials, using the weighted-average method, what cost per equivalent unit would the manager report per square metre?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started